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Unofficial trade ideas are trade ideas that may or may not list specific stops & exact price targets and may or may not be followed up with. Unofficial trade ideas will only be moved to the Active and Completed Trade categories if they are first published as being recategorized as an official trade idea.

SMH Support Levels/Price Targets

As quite a few members within the trading room have recently stated remaining short the semiconductors in recent weeks after the official trade was stopped out, here are some potential near-term targets using SMH (VanEck Vectors Semiconductor ETF), both on the 60-minute time frame as well as the daily time frame. There are numerous ETF [...]

FL Poised For Another Correction

Member @ruben shared a handful of short candidates in the trading earlier today, several of which I agree look like attractive shorting opps, either at this time or pending a sell signal. I'll follow up with some of the other charts either on the front page or within the trading room but wanted to share [...]

May 4, 2017 3:31pm|Categories: Unofficial Short Ideas|Tags: |0 Comments

Leading Semiconductor Stocks Breaking Down

As a follow-up to the recent update on the SOXX / SOXS Active Short Trade, highlighting the objective short entry or add-on to that position as SOXX is currently backtesting the recently broken primary uptrend line from below, here's a few leading semiconductors stocks that help to support my case that the semiconductors are most [...]